Economy

"Stalin" is gaining increasing popularity among the residents of the Jayil District

In the Chuy region, specifically in the Jayil district, local craftsmen have begun producing household tools that are quickly winning the hearts of local residents, reports Turmush correspondent. “We started producing our first axes using Soviet technology and launched them on the market on December 18 of last year. Since Joseph Stalin was born on December 18, 1878, we decided to name our axe model ‘Stalin.’ The tool demonstrates excellent cutting abilities, easily handling iron with a

27.12.2025, 11:05
Economy

Violations Identified in Fish Farming Enterprises in Tash-Kumyr

- During an inspection conducted by the regional office of the Land and Water Supervision Service in the Jalal-Abad region, violations were recorded in five out of seven inspected farms. It was found that some of them were illegally seizing land plots and using them for purposes other than intended.

27.12.2025, 10:49
Economy

Investments in agricultural assets increased by 13.9% from January to November

- From January to November 2025, the volume of investments in fixed capital for the construction of facilities in agriculture, forestry, and fishing increased by 13.9%, according to statistical data. Funding for these projects was mainly provided from the republican budget, foreign grants and humanitarian aid, as well as loans from abroad, funds from the population, and charitable contributions from residents of Kyrgyzstan. These sources accounted for 95.8% of the total funding.

27.12.2025, 10:48
Exchange rates for the weekend
Economy

Exchange rates for the weekend

The official exchange rates of foreign currencies were announced by the National Bank for December 27, 2025. Compared to the previous day, there are slight fluctuations in the values of major world currencies.

27.12.2025, 08:37
The Bank of Russia has introduced a new one-thousand-ruble banknote
Economy

The Bank of Russia has introduced a new one-thousand-ruble banknote

Starting from December 26, new banknotes featuring symbols of the Volga Federal District will be put into circulation, reports Meduza. On the front side of the new banknote is the Nikolskaya Tower of the Nizhny Novgorod Kremlin. The reverse side is adorned with images of such landmarks as the Saratov Automobile Bridge, the hydrofoil vessel "Meteor-120R," and the Palace of Farmers in Kazan.

26.12.2025, 19:49
Economy

A Slaughterhouse Was Opened in Chon-Alai

On December 25, a ceremonial opening of a new slaughterhouse took place in the village of Daroot-Korgon, located in the Chon-Alai district. This was reported by the press service of the Ministry of Agriculture. During the event, which was held in an online format, President Sadyr Japarov participated. The opening was attended by local authorities, entrepreneurs, veterinarians, farmers, and residents of the village.

26.12.2025, 18:58
Nearly 114 thousand Kyrgyz citizens have imposed a self-ban on borrowing.
Economy

Nearly 114 thousand Kyrgyz citizens have imposed a self-ban on borrowing.

From November 1 to December 26, 2025, 113,996 citizens decided to take advantage of the self-ban on lending service, as reported by the National Bank. Starting from November 1, 2025, a new mechanism was launched in the country to enhance the financial security of citizens, called the "Self-Ban on Lending." This mechanism is designed to protect users' personal data from fraudulent activities.

26.12.2025, 18:53
Economy

The GIK is building elite housing beyond the Southern Highway. Sadyr Japarov spoke about the pricing policy.

The State Mortgage Company is constructing elite multi-apartment buildings in the southern part of the capital. This was announced at the Kurultai by the President of the country, Sadyr Japarov. Some delegates raised the issue of the need for state support in the housing provision sector. They noted that the prices of apartments from the State Mortgage Company are comparable to those of private developers, despite the fact that the State Investment Company receives land plots free of charge.

26.12.2025, 16:23
One of the Key Precious Metals Has Increased in Price on the Global Market
Economy

One of the Key Precious Metals Has Increased in Price on the Global Market

On the Comex exchange, which is part of the New York Mercantile Exchange, silver prices have surpassed the $75 mark per troy ounce. This information became known following the trading results. On the morning of December 26, the price of the March silver futures increased by 4.25 percent, reaching $74.73 per ounce. During trading, contracts peaked at $75.22, marking a historical record for this metal.

26.12.2025, 15:47
Economy

Smog in Bishkek. How to Address the Problem with Alternative Solutions? Video

The smog situation in Bishkek is one of the most pressing problems, especially during the winter period. In mid-December, the wind helped improve air quality in the capital. Factors Contributing to Smog According to a review by the Asian Development Bank, the primary factor contributing to air pollution is the use of coal for heating homes.

26.12.2025, 15:41
Economy

The MP is interested in the railway connection of new industrial zones in Bishkek

Deputy of the Jogorku Kenesh, Rakhат Junushbaeva, expressed interest in connecting new industrial zones of Bishkek to the railway network in accordance with the General Plan for 2050 during a meeting of the committee on industry, transport, energy, architecture, and construction held on December 26, 2025. Irina Grishechkina, Deputy Director for Project Issues at the Research Institute of Industrial and Civil Engineering (NIIPG), confirmed that an industrial park covering 300 hectares is planned

26.12.2025, 15:13
Economy

Exclusive Equipment Developed for GP NC "Kyrgyz Temir Zholu" in Omsk

In Kyrgyzstan, work has begun on the reconstruction of the locomotive repair complex. As reported by "Evening Omsk," the scientific and production center "Promtech" is participating in a large-scale international project — the modernization of this complex in Kyrgyzstan, acting as the main technological partner. The key element of the project is unique equipment that was specially designed and manufactured for the state enterprise "National Company 'Kyrgyz Temir

26.12.2025, 15:11
Economy

"Gazprom Increased Gas Supplies to Kyrgyzstan by 20 Percent in 2025"

The company "Gazprom" plans to increase gas supplies to Kyrgyzstan by 20% by 2025. This was announced by Alexey Miller, the head of the Russian company, during a meeting dedicated to the preliminary results of the work. According to Miller, this year there has been a 20% increase in gas supplies from Russia to Kazakhstan, Uzbekistan, and Kyrgyzstan. At the same time, "Gazprom" is negotiating to expand cooperation with Kazakhstan.

26.12.2025, 15:01
Economy

Kurultai-2025: Residents of the military town in Kant pay taxes but remain without support, - delegate

Delegate of the IV People's Kurultai Ruslan Sherimbekov, representing the city of Kant, spoke in an interview on the radio about the current state of the military town, which is under the jurisdiction of the Ministry of Defense of the Kyrgyz Republic. According to him, the infrastructure of this military facility is severely outdated. The roads are in poor condition, and the engineering networks are worn out. It is important to note that the Kant city administration has no legal grounds to

26.12.2025, 15:01
Economy

President on the construction of the BSR and BDR: All facilities can be completed in 4-5 years

- At the IV People's Kurultai, held on December 26, President Sadyr Japarov commented on the proposal from a delegate from the Aravan district regarding the construction of BSR and BDR. He noted that in the last 2–3 years, directives have been issued, resulting in the construction of 106 BSR and BDR facilities across the country. "We analyzed the entire map and identified key locations for new facilities," the president added.

26.12.2025, 14:06
Economy

Migrants Will Have Their Turn for State Mortgages, - President

The Office of the President of the Kyrgyz Republic has initiated a draft law that will be presented to the Jogorku Kenesh. This draft law proposes the creation of a separate queue for migrants wishing to obtain state mortgages. This information was announced on December 26 at the IV People's Kurultai. President of the Kyrgyz Republic Sadyr Japarov responded to a question posed by a delegate representing the interests of migrants from Russia. He stated that he had instructed the State

26.12.2025, 13:29
Economy

Housing under the state mortgage is not expensive, - president

The President of Kyrgyzstan, Sadyr Japarov, stated that the housing offered through the state mortgage program is not expensive. This statement was made during the IV People's Kurultai, which took place on December 26 in Bishkek. Commenting on the remark by delegate Saadatbek Kusegenov regarding high housing prices from the State Mortgage Company (GIK), the president noted that in 2021-2022, private construction companies were invited to participate in the state mortgage program. However,

26.12.2025, 13:03
Economy

20 Tons of Tail Fat Not Allowed into Kyrgyzstan

At the border veterinary control point "Torugart," located in the Naryn region, a batch of 20,000 kg of fat from fat-tailed sheep arriving from China was stopped. Inspection conducted by border veterinary control inspectors revealed a number of violations of veterinary and sanitary requirements established by the Eurasian Economic Union. In particular, the documents accompanying the cargo were found to be non-compliant with established standards, and sanitation norms during

26.12.2025, 12:52
The 14th meeting of the Council for Trade Facilitation was held in Bishkek
Economy

The 14th meeting of the Council for Trade Facilitation was held in Bishkek

The 14th meeting of the Council for Simplifying Trade Procedures (CSTP) was held in Bishkek, as reported in a press release from the Ministry of Economy and Commerce of the Kyrgyz Republic. This event gathered representatives from government structures, the business community, and international partners involved in development issues.

26.12.2025, 12:43
Economy

China's Accumulated Investments in the Eurasian Region Reached $66.1 Billion by Mid-2025

- According to data presented by the EDB, the volume of Chinese investments in the Eurasian region has increased by 80% over the past nine years. According to UNCTAD, in 2024, global flows of foreign direct investment (FDI) excluding transit finance decreased by 11%. This decline is observed as a result of reduced international investments from many major economies, which also affects capital inflows to a number of Eurasian countries.

26.12.2025, 12:24
Economy

"And even after 200 years, people will remember that the reservoir in Aravan was built during the time of Pasha Sadyr Nurgoyevich," - the delegate of the Kurultai addressed the president.

Delegate from the Aravan district of the IV People's Kurultai, Marif Suyumbaev, addressed the President of Kyrgyzstan, Sadyr Japarov, with a request for assistance in creating a reservoir. This request was voiced on December 26 during a meeting of the Kurultai held in Bishkek. According to Suyumbaev, there is no local water source in the Aravan district, and agricultural needs are met using resources from the Papanskoye reservoir, as well as from Batken and Uzbekistan. “The most important

26.12.2025, 12:00
Economy

A delegate from Batken proposed to develop apricot export as a national brand

- At the IV People's Kurultai, held on December 26, the delegate from the Batken region, Munduzbek Temirkulov, expressed the need for state support to develop the export of apricots from the region. He noted that when mentioning Kyrgyzstan, Batken is invariably associated with apricots and vice versa; however, recently the products are losing their identity, becoming a brand of another country.

26.12.2025, 11:50
Common Eurasian Tourist Routes Will Be Created in the EAEU Countries
Economy

Common Eurasian Tourist Routes Will Be Created in the EAEU Countries

According to the press service of the Ministry of Economy and Commerce of the Kyrgyz Republic, the new concept aims to define strategic directions for the tourism industry, as well as to implement measures that promote deeper economic cooperation and increase the number of tourists traveling between the member states of the Union.

26.12.2025, 11:21
In Kyrgyzstan, the Best Exporters of 2025 Have Been Awarded
Economy

In Kyrgyzstan, the Best Exporters of 2025 Have Been Awarded

Recently, the final of the national competition "Best Exporter of the Kyrgyz Republic" took place in Bishkek, organized by the Export Development and Promotion Center "Kyrgyz Export," operating under the Ministry of Economy and Commerce of the country. The purpose of this competition was to identify and reward outstanding export-oriented companies, as well as to promote Kyrgyz products in international markets.

26.12.2025, 11:01
A modern slaughterhouse has been put into operation in Chon-Alai
Economy

A modern slaughterhouse has been put into operation in Chon-Alai

On December 25, a ceremonial opening of a new slaughterhouse took place in the village of Daroot-Korgon, located in the Chon-Alai district. This was reported by the Ministry of Agriculture of the Kyrgyz Republic. President Sadyr Japarov participated in the event online.

26.12.2025, 10:51
Economy

In 2025, taxes from the mining industry increased by 18.7 billion soms

According to the Tax Service, during the first 11 months of 2025, key sectors of the economy made a significant contribution to budget tax revenues. The mining sector accounted for 20.6% of the total tax collections, amounting to 56.7 billion soms, an increase of 18.7 billion compared to the same period in 2024.

26.12.2025, 10:50
Economy

Deficit in the Energy Sector. How Much Electricity Has Been Produced in Kyrgyzstan Since the Beginning of the Year

According to data from the National Statistical Committee, from January to November, Kyrgyzstan produced 8.4% more electricity compared to the same period last year. This year, the production volume reached 13 billion 596.8 million kWh, while for the corresponding period in 2022, it was 12 billion 546.7 million kWh. In September, Energy Minister Talaybek Ibraev warned that the upcoming winter would be the most challenging for the country. In this regard, active measures for energy conservation

26.12.2025, 10:49
Ruble, Tenge, and Euro Have Decreased Against the Som. Currency Rates on December 26
Economy

Ruble, Tenge, and Euro Have Decreased Against the Som. Currency Rates on December 26

Photo from the internet. The Chinese yuan has set a new record for value this year. According to the National Bank of Kyrgyzstan and exchange points in Bishkek, the official exchange rates for the euro, Russian ruble, and Kazakh tenge have decreased, while the exchange rate for the Chinese yuan continues to rise. The exchange rate for the US dollar remains stable. US Dollar:

26.12.2025, 10:48
Economy

Budget revenues for 2025 clarified to 605.5 billion soms

- On December 15, 2025, the Cabinet of Ministers signed Resolution No. 810, which approved changes to the republican budget for 2025, as well as plans for 2026 and 2027. These changes will be presented for approval to the Jogorku Kenesh within a month after the formation of the new composition of parliament.

26.12.2025, 10:42
Economy

At the Kurultai, there was a call to regulate the construction of Bishkek by private companies.

- On December 26, the delegate from the capital, Baktybek Shambetov, proposed the need for control over the activities of private developers in residential areas of Bishkek. Shambetov noted that private companies are purchasing land plots of 5–6 hundred square meters from local residents, as well as demolishing houses in residential zones to construct three- and five-story apartment complexes, which are then sold privately. “This is, of course, business, but such development of new buildings

26.12.2025, 10:36
Economy

Kyrgyzstan continues to increase its national debt. How much and from whom is the country receiving?

As of October 31, Kyrgyzstan's national debt reached 8 billion 692.52 million dollars, increasing by 2.1 billion dollars since the beginning of the year. External borrowings amount to 5 billion 162.90 million dollars, while internal borrowings total 3 billion 529.62 million dollars. At the same time, external debt has increased by 648.04 million dollars, and internal debt has risen by 1 billion 474.9 million dollars compared to December 31, 2024. Kaktus.media conducted an analysis of

26.12.2025, 10:32
Economy

"Another 170,000 People." The World Bank Forecasts an Increase in Poverty in Kyrgyzstan Due to Climate Change

In its Country Report on Climate and Development in Kyrgyzstan, the World Bank predicts that climate change will not have a significant impact on poverty levels. According to the study, vulnerability to climate change will be observed in those regions where high poverty levels intersect with serious climate threats. Under an optimistic economic growth scenario, the poverty level in the country is expected to rise by only 1.8 - 2.2% by 2030-2040, and by 2050 it will remain at the same level.

26.12.2025, 10:30
Economy

The exemption for the import of electric vehicles in Kyrgyzstan will come into effect on January 22 - EEC

According to information provided by the press service of the Eurasian Economic Commission, a tariff exemption for the import of electric vehicles to Kyrgyzstan, Belarus, and Armenia will come into effect on January 22 of next year. Previously, at a meeting of the Intergovernmental Council of the Eurasian Economic Union in Moscow, a preference was adopted under which the member countries agreed to exempt imported electric vehicles from customs duties. This measure will take effect in 2026.

26.12.2025, 10:12
Exchange rates in commercial banks of Kyrgyzstan on December 26
Economy

Exchange rates in commercial banks of Kyrgyzstan on December 26

The information presented below has been collected from the official websites of commercial banks in Kyrgyzstan. If you have any questions regarding the provided data, it is recommended to contact the banks directly. It should be noted that the data is current as of the time of publication. The exchange rates listed are intended for cash currency exchange and may change throughout the day.

26.12.2025, 10:03
Economy

Kyrgyzstan Increases Car Imports from China

According to data from the General Administration of Customs of China, from January to November of this year, the import of passenger cars from China to Kyrgyzstan increased by 41.9% compared to the same period last year. As a result, 118,622 vehicles were imported in 11 months, while last year the number was 83,575. It is also worth noting that during the specified period, trade turnover between Kyrgyzstan and China reached $24.5 billion.

26.12.2025, 09:56
Economy

The Economy of Kyrgyzstan - 2025: Growth Records and Price Shocks

In 2025, Kyrgyzstan found itself at a crossroads, facing stark contrasts in its economy. On one hand, the country demonstrated double-digit growth in gross domestic product (GDP) and active development in the construction sector; on the other hand, it encountered a sharp increase in inflation and the necessity for tightening financial policies. As a result of the year’s analysis, five main achievements and five significant challenges that shaped the economic situation were identified.

26.12.2025, 09:51
Economy

Exchange Rate: How Much Does the US Dollar Cost?

- As of the morning of December 26, 2025, the exchange rate of the US dollar in the banks of Kyrgyzstan is 87.2-87.3 soms (buy) and 87.7-87.8 soms (sell). Euros can be purchased at a price of 102-102.8 soms (buy) and sold for 103-103.8 soms.

26.12.2025, 09:28